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Oceaneering knows there's another oil boom ahead

 Aug 07, 2009 08:30 PM UTC
Return Risk
+1.82% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
OII Positive 08/07/09 -4.82% 11/02/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

It goes without saying that I favor the oil sector, including drillers and oil servicers. Breakthrough energy form discovery aside, oil will continue to be the world's most important commodity for at least 15-20 years, and probably for longer than that.

Hence, I'm Reiterating my Buy rating for Oceaneering International (NYSE: OII), first recommended on April 7, 2009 at a price of $38.01.

Continue reading Oceaneering knows there's another oil boom ahead

Oceaneering knows there's another oil boom ahead originally appeared on BloggingStocks on Fri, 07 Aug 2009 15:30:00 EST. Please see our terms for use of feeds.

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